The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The year-end rally continued on the German stock market. With today’s daily high of 16,122 points, the Dax marked a new record high. The previous record from yesterday Thursday was 16,114 positions. In the afternoon, the German benchmark index stood at 16,080 points, unchanged from the previous day’s close. He finished the week with 16,094 points.
It was a pleasant week on the stock market – at least for those who bet on rising prices. There were a total of three new record highs, and so far there is much to suggest that the previous records are just a stopover.
The chances are good that the Dax will reach the 16,200 point mark in the next week. The new sentiment data should then provide clues as to whether the German benchmark index can climb any further this year. So far, investor sentiment has signaled that the rally will continue and that investors should not realize any profits at this time. However, newcomers should no longer expect such high profits.
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